The Economic Value of Forest Ecosystems

  title={The Economic Value of Forest Ecosystems},
  author={D. Pearce},
  journal={Ecosystem Health},
  • D. Pearce
  • Published 2001
  • Economics
  • Ecosystem Health
ABSTRACT Forest ecosystems are being degraded and lost because of rapid population change and economic incentives that make forest conversion appear more profitable than forest conservation. All ecological functions of forests are also economic functions. Many important forest functions have no markets, and hence, no apparent economic value, justifying the use of forest land for other purposes. Imputing economic values to nonmarketed benefits has the potential to change radically the way we… Expand

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